Trump says he made hundreds of billions for the US, alongside an unsourced chart
Translated from Korean and summarized by DistantNews. Read the original for the full story.
At a glance
- Donald Trump claimed on Truth Social that he had made hundreds of billions of dollars for the United States through stocks and other assets.
- He posted images appearing to be AI-generated, including one showing him watching stock markets at the White House, along with unverified claims.
- CNBC cited the US governmentโs stake in Intel and Trump Mediaโs paid Truth API service while examining the claims.
Donald Trump said he had made hundreds of billions of dollars for the United States, not for himself, while posting a series of images that appeared to have been created with artificial intelligence.
The US president shared the material on Truth Social. One image showed him watching stock markets on several monitors at the White House. Alongside it, he wrote, โI have made hundreds of billions of dollars for America, not myself, in stocks and various other assets.โ He also complained that radical left Democrats criticized him despite his work for the country.
CNBC reported that Trump had posted dozens of AI-generated-looking images and unverified claims. The report pointed to the US governmentโs acquisition of about a 10% stake in semiconductor company Intel last August. A White House announcement cited by CNBC on May 18 said the stake was worth more than $50 billion.
CNBC also highlighted Truth API, a paid service operated by Trump Media, which it described as costing $100,000 a month. The report presented these examples while examining Trumpโs broad claim about the money he had generated for the United States.
I have made hundreds of billions of dollars for America, not myself, in stocks and various other assets.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.